News release

HP Makes Mobility Push: Introduces Products and Services for Businesses and Consumers

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HP today introduced more than a dozen products and services designed to make it easy for businesses and consumers to enjoy always-on, always-ready mobile computing.

HP identified mobility as a key strategic growth area in part because it has the industry’s broadest range of offerings for mobile computing – from consumer handheld devices and enterprise mobile solutions to infrastructure and software that run many of the world’s telecommunications networks.
HP estimates the worldwide mobile market, including notebooks, handhelds, and telecommunication and enterprise services and equipment, will grow to more than $234 billion by 2009, an increase of 42 percent over today’s market size.⁽¹⁾

• A sleek, new modern design for HP Pavilion and Compaq Presario consumer notebooks and new expansion base;
• A new business notebook lineup with five separate product series, including the company’s thinnest and lightest optical drive notebook to date;
• New mobile email and mobile management services for enterprises that operate over multiple networks and device types;
• A U.S. mobile operator’s installation of HP OpenCall software that will enable subscribers to receive voice and data services as they roam in the coverage area;
• Advanced research in the area of interactive video and social networking for mobile devices.

“The world is rapidly moving to a state where information can be accessed anytime, anywhere, on any device – seamlessly and easily,” said Todd Bradley, executive vice president, Personal Systems Group, HP. “HP is driving this transformation across the entire mobile spectrum – from the devices to the software that enables mobile networks to the services that deliver mobile content.”

Enabling always-on, always-ready mobile computing

Building on its position as the No. 1 consumer notebook manufacturer,(2) HP has injected fresh design and personal style into the HP Pavilion dv2000 Series Entertainment Notebook PC and Compaq Presario V3000 Series Notebook PC.

Coined “HP Imprint,” the notebook finish is a refined, high-gloss coating with a unique, inlaid design. Using an advanced molding technique – often used for cell phone casings, cosmetic packaging and luxury car interiors – the HP Imprint process provides a durable finish with a fashion appeal. HP Imprint was developed in cooperation with Nissha Printing Co., based in Japan. HP expects to be the first company to apply this advanced molding technology to an entire notebook.

HP introduced five new business notebooks series, including the ultra-portable HP Compaq nc2400, the company’s thinnest and lightest notebook with optical drive to date.

With the new HP Compaq 4400, HP Compaq 6400, HP Compaq 7400 and HP Compaq 8400 Business Notebook PC series, the HP lineup now spans from sleek, ultra-light models that travel easily, to widescreen, mobile performance models that rival desktop PCs in performance and functionality.

Also introduced: The HP mp3320 Digital Projector, a powerful mobile digital projector designed for professionals on the move; the HP iPAQ rw6800 Multimedia Messenger, an entertainment and communications handheld device available exclusively in the Asia-Pacific market; and, the HP Battery Charger and Charger Kit for the HP DeskJet 450 and 460 Mobile Printers.

Managing the mobile environment

HP also unveiled new mobility and wireless services, including mobile email and mobile management services. Designed to enable customers to manage their global, mobile environment, the new services provide more secure enterprise-class platforms that seamlessly operate over multiple networks and device types. Benefits include cost predictability, improved access, reduced complexity and 24x7 end-user support.

Available a la carte or as a completely managed mobile environment, the services HP provides include a single point of contact and allow customers to determine the level of support that best meet their needs.

Building new networks

MetroPCS, an innovative U.S. wireless carrier serving 2 million customers, is in the process of deploying the HP OpenCall Home Location Register (HLR) in the core of its all digital network. The HLR is the central mobility management solution that enables the network to provide voice and data services to customers as they roam in the network coverage area. The HP OpenCall HLR is used by 35 operators worldwide and supports 200 million wireless customers.

With 30 years in telecom, HP is helping mobile and fixed line providers evolve their legacy infrastructure to create the new digital networks that rely on Internet Protocol Multimedia Subsystem (IMS) technologies. HP also is leveraging its presence in the media and broadcast industries to help wireless operators transform digital content into a rich menu of mobile services for “on the go” sports, music, news and entertainment.

Future mobile markets

The company also provided a glimpse into potential future technologies, showcasing some of the mobility research being conducted within HP Labs, including a Social, Mobile Video Podcasting system. The HP technology enables a simplified publishing and distribution process, providing communities of people with common interests the ability to share video podcasts while on the move.

For example, during the technology demonstration, HP showed how members of a dining group could create and share video podcasts of the newest restaurants in town. Using a handset such as an HP iPAQ, users create a personal video podcast review of the restaurant and then stream, store and publish to other members of the group. The review is transcoded and delivered to other mobile handsets, allowing those subscribing to the RSS video feed to have their own social network of restaurant reviews.

More information on HP mobile products and solutions is available in an online press kit at www.hp.com/go/Mobility2006.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2006, HP revenue totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

⁽¹⁾Based on internal data and industry analyst reports.

⁽²⁾ IDC, 4Q 2005 Worldwide Quarterly PC Tracker Database, March 2006.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to anticipated operational and financial results; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2006, and other reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.